New Oriental’s revenue rises 23% in May quarter, but adjusted profit declines
Education services company New Oriental Education & Technology Group Inc. (EDU.US; 9901.HK) on Wednesday reported its revenue rose 23% in the three months through May, as it emerged from a difficult…
BRIEF: China New Higher Education’s profit inches up in first half of fiscal year
Vocational educator China New Higher Education Group Ltd. (2001.HK) on Tuesday reported its revenue rose 2.6% to nearly 1.5 billion yuan ($219 million) in the six months to March, the first…
BRIEF: Beststudy Education’s profit jumps
Tutoring services provider China Beststudy Education Group (3978.HK) announcedonThursday it expects to report its revenue ranged between 1.8 billion yuan ($263 million) and 2 billion yuan last year, up 63.3%…
BRIEF: Tianli International buys back shares as chairman boosts stake
Education services provider Tianli International Holdings Ltd. (1773.HK) said on Sunday that Chairman Luo Shi acquired 3.8 million of the company’s shares in the open market last Friday, representing about…
BRIEF: Fenbi partners with Huatu on exam prep services
Vocational education platform Fenbi Ltd. (2469.HK) said on Sunday it has signed an agreement with Huatu Cendes (300492.SZ) to explore collaboration in recruitment examination preparation services. Fenbi said potential cooperation…
BRIEF: Able Digital jumps in Hong Kong trading debut
Shares of digital teaching and learning solutions provider Shanghai Able Digital Science & Tech Co. Ltd. (2687.HK) jumped in their Hong Kong trading debut on Monday, as the company raised…
BRIEF: China Education forecasts up to $84 million profit for fiscal year
China Education Group Holdings Ltd. (0839.HK) said on Wednesday it expects to report a net profit between 440 million yuan ($61.9 million) and 600 million yuan for its fiscal year…
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